From: Bentley Real Estate Group Date: February 3 Subject: TRUMP TARIFFS ON REAL ESTATE - BREG Newsletter (2/3/25)
Latest Stories
How Trump's Tariffs Could Impact the Housing Market
President Donald Trump's proposed tariffs on key trading partners, including a 25% levy on goods from Mexico and Canada, and a 10% trade tax on Chinese goods, are expected to have significant effects on the housing market. The tariffs could increase the cost of building materials, leading to higher home construction costs and, consequently, elevated home prices. (Read More)
Inflation Is Down to 3%. Why That Isn't Good Enough.
Despite a decline in inflation to 3%, concerns persist that this level remains problematic. Even at this rate, consumers may continue to feel the pinch of higher prices, leading to frustration and potential changes in spending behavior. Workplace dynamics could also be affected, with employees seeking higher wages to keep up with living costs, potentially fueling an inflationary cycle. (Read more)
Federal Reserve Holds Interest Rates Steady: What That Means for You
The Federal Reserve has decided to maintain its benchmark interest rate after a series of rate cuts last year. Fed Chair Jerome Powell emphasized that while the job market remains strong, with unemployment at 4.1%, inflation is still elevated. The Fed is adopting a cautious approach due to uncertainties surrounding President Trump's policies, including tariffs and immigration reforms. (Read More)
Key Terms and Concepts:
Tariffs - Taxes on imported goods that can increase costs for businesses and consumers.
Inflation Rate - The percentage increase in prices over time, impacting purchasing power.
Federal Reserve (Fed) - The central bank that sets monetary policy, including interest rates.
Local Deal of The Week
Blackrock Realty Advisors Acquires Multifamily Property In Weymouth For $103.1M From Richard High & Peter Mahoney
The transaction involves the sale of The Commons at Southfield Highlands, a multifamily asset located at 95 Parkview Street, Weymouth, MA. The property, constructed in 2011, features 300 apartments, along with 8,200 square feet of retail space. The multifamily asset was sold for $103.1 million, equating to a price per unit of $343,667. (Read More)
Summary of transaction details:
Property Type: Multifamily
Transaction Amount: $103,100,000
Units: 300
PPU: $343,667
Buyer: Blackrock Realty Advisors
Seller: Richard High & Peter Mahoney - John M. Corcoran & Co
BREG Podcast Highlight: From Bentley to Real Estate Private Equity - Aidan Falvey
In this episode of the Students of Real Estate podcast, Aidan Falvey shares his journey from attending Bentley University to becoming a senior asset management associate at Breakthrough Properties.
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